years to life in prison. >> jonathan, thanks so much for that report. >>> surprise, surprise, the super committee turns out not to be super after all. with the blame game now in full force, here comes the fallout. can congress accomplish any of the big-ticket items left on this year's to-do list? house republican whip kevin mccarthy joins me next. >>> plus, something old, something new. we've got a "daily rundown" look at newt gingrich's many flip-flops over the years. >>> but first a look ahead at the president's schedule. you are watching "the daily rundown" on msnbc. ♪ ♪ let's go ♪ ♪ cruise like a norwegian ♪ it's all crossed out... it's 'cause i got everything on it. boom! thank you! [ male announcer ] black friday's here. deals start thursday 10 pm. but we're open all day and night so you don't have to wait outside. the only place to go on black friday. walmart. >>> no super committee deal means no deal on taxes or entitlements and no plan of what to do with the major budget components like the payroll tax holiday and unemployment benefits. now instead of 12 people trying to figure it out, i

anyway, you want to know why the super committee is super over? the panel is just a boiled down version of our government. we had two sides equally divided over taxes. more important it was reverse engineer for failure. creating the automatic triggers that are supposed to cut spending, panel could have gone shopping for hummels instead. so it comes down to this. the democrats want to raise taxes. republicans didn't. back to where we started hoping that demi and ashton could somehow work it out. so, eric, it's not super. what just happened? >> eric: i think we have been played for the fool. i honestly. do bring it down, exactly here is what it is. they want to know is it spending or revenue problem? it's a spending problem. $1.2 trillion in ten years. $120 billion per year. our budget this year, $3.6 trillion for this year alone amounts to a 3% cut. in spending. 3% cut in spending. meanwhile, we spent $460 billion since the day the super committee was formed. the revenues don't go up. revenues are going up. this is a spending problem. >> bob: i kno

and also the seniors are about to get on the chopping block with this super committee. erday i heard there was 180,000 -- $180 billion worth of cuts coming out of this committee. is it a fact that if you went to a doctor he would ask when this problem starts and what seems to be bothering you and this and that? if i was a doctor and saw what happened, i would look backward at tax cuts, and billions of dollars or lost in revenue with tax cuts from bush. all we're looking at here is the gop wanted to cut people's social security and medicare and privatize everything. this is what the battleground is. the super committee has been taken off the floor so they can cover this stuff up. guest: what you are describing is one of the reasons minority leader nancy pelosi in the house has gotten so frustrated about the super committee's work, because house democrats are the least powerful of the four party set the table. so secrecy operates against their interests the most directly. it is hard to see how they will come to a compromise when the dynamic is one you are describing. host:

this super committee poses that opportunity. i am hopeful that the majority in the house and senate will support the product that the committee comes up with. that is what we should be focused on. the balanced budget amendment is a distraction and a political device, not a policy device. >> let's talk about a more imminent spending issue. the government authority to spend money runs up on november 13. you said you would not vote any extension -- vote on any extension of that authority. are we heading for another shutdown? what are the issues going to be that would prevent you from voting to continue to operate the government passed november 13? >> i hope we are not heading for that. we are voting to go to conference on the minibus appropriation bill that was passed by the senate 69-30, in a bipartisan fashion. my expectation is that a continuing resolution will be added to that minibus. i am hopeful it will have no riders that will be controversial and undermined the ability for us to keep the government operating until such tim

carol, the super committee needs a super man or super woman? is that it?> oh, you better believe it. that is the "talk back" question today, who should rise to the super committee's rescue? they've got to learn partisan politics when a nation is falling apart is the wrong thing at the wrong time. andrew -- there isn't going to be anyone riding in on a white horse to save the day. the only thing that will help in the long run is if american voters demand results by ousting anyone who fails this horribly at the 1 m as the 12 members of the super committee did. mike, we the people should go to the polls next november and removing the incompetence we have seen on a daily basis in congress. of course, jim, we did get some names. if you want specifics, who should ride to the rescue of the super committee? we got -- chuck norris. bill maher. >> well, maybe not. >> bill maher. and the person -- i'm serious about that. warren buffett was another suggestion. of course, morgan freeman who -- morgan freeman who has played both god and the president in movies. >> that'

for the triggers and super committee. it is a wimpy way out. i don't like the result from the super committee. >> chris: even if you think that the triggers are dumb? >> guest: we have to move forward. triggers give us 1.2 are million in savings. you start saving away the responsibility to make those cuts and savings. and guess what? you are in a worse hole than a year from today. you have to have the discipline and the super committee was set up to avoid the harshult results of automatic triggers >> chris: congressman becerra thank you. and we'll stay on the story. i hope your optimism is justified. >> guest: you have to be. >> chris: what would no deal ean for the u.s. economy. a top economist joins us after this quick break. congratulations. congratulations. today, the city of charlotte can use verizon technology and monitor costs. making communities greener... congratulations. ... and buildings as valuablt. whoa ! ... as the people inside them. congratulations. because when you add verizon to your company, you don't j

george, you were never a big fan of the super committee, even if it fails or doesn't fail, what does say about what's happening here? >> what we need is not a big committee, we need a big election to sort some of these things. but what was to propel the super committee to success was a fear of sequester. during which the congressional budget office projects that we'll have 44 trillion of budget. second, even if the sequester takes hold in 2013, 2013 spending will be a third larger than it was in 2007, just six years ago. >> actually i agree with george on a lot of that. not that sequestration was trivial. the automatic cuts -- if you look relative to the things that are in the firing line. it's a lot bigger than that. but it's not going to happen. one way or another it's not going to happen. in january 2013, we'll be in a different political universe, either president gingrich will be doing something or re-elected president obama and reinstalled speaker pelosi will be doing something. anything can happen here. the super committee was a terrible idea from the beginning. >> christiane,

than the super committee is still in town. the official deadline is tomorrow for the cbo to score what the recommendations are, if there is a specific outline by this committee. 6 democrats, six republicans. next, from philadelphia. good morning. go ahead, a nick on the republican line. you're on the air. caller: good morning. my comments go to can we increase tax money for infrastructure repairs that are needed, reduce the deficit come and help reduce our dependence on foreign oil, and that is by not studying these pipeline reviews for ages and ages. we need to allow our montana and the code areas that have oil shale -- and dakota areas that have oil shale to get it to market. and the same goes for the canadian oil that is out there. we need to naturally ensure good environment capabilities for not creating spills, etc. i would think the pipeline is one of the most secure ways of transporting the oil. if we get that oil flowing, and we can cut off our dependence on far east oil coming into the mideast, we can use the reduction

presidential hopefuls starting in august. >> i think this super committee is about as dumb an idea as washington has come up with in my lifetime. >> he repeated what he predicted since the committee was founded. >> i think it's going to, and i think it should because it's exactly wrong. >> romney was campaigning in new hampshire, too. hoping to slow the recent gingrich games in the granite state. romney announced the endorsement of senator kelly this weekend and romney looked past gingrich to accuse the president of worrying more about his re-election than the debt crisis. >> instead, he has been out doing other things. campaigning and blaming and traveling. this is inexcusable. like a trap has been set rather. we can cut the military even more! >> romney decided to launch his first tv ad of the 2012 ris. back this time four years ago, romney spent millions on ads about the fellow republicans for the nomination contest. this time around, true to form, ignoring the g.o.p. rivals an slamming president obama for campaign promises already broken in the oval office to get nation fiscal hou

that's what the super committee just read the stories. they don't get this done by a certain day, horrible things will happen. >> he also said the super committee is the dumbest idea he's seen in a lifetime. gene is senior writer at cnn money. any chance the super committee will prove newt gingrich wrong? >> well, he can characterize it as dumb as he wants. i don't thing a slew of bad things will happen, if the super committee fails to come up with a plan, people have said we could get downgraded or a slew of automatic cuts, none of those things may happen. here's why. markets had no expectations that could be considered positive for this committee. they won't be surprised. there may be some volatility in the near term. ratings agencies like moodies came out a few weeks ago and said we're going to wait and see what you do by 2013 essentially. and in terms of the spending cuts, congress literally has 13 months to reverse its decision. or come up with substitutions. >> they have a little back door. >> 13-month back door. it's interesting th

it is three days and counting for the super committee. can they make a deal or will the old political obstacles derail the latest attempt to cut our national debt? we'll hear from two members of the communitiy republican jeb hensarling and repior becerra . what would a stale mate meet for the u.s. credit markets. and we'll we get another downgrade. we'll ask mark zandi. and newt gingrich rises to the most dangerous place in politics. the top of therepublican field . we'll ask if the former speaker can hold on where others have failed. >> and as we approach thanksgiving. all on fox news sunday. hello from fox news in washington. well, after months of secret talks and public posturing, we are now in the end game for the super committee. will they make a deal by wednesday to cut the deficit by 1.2 trillion? first the republican co-chair hensarling. welcome back to "fox news sunday". >> good morning. >> is this thing dead? >> no one want to give up hope. reality is starting to overtake hope. 12 good people who invested a lot and trying to fin

>>chris: this week you many cap the odds of outcomes of the super committee.mick deal like using war funding to cut the deficit 10 jeering, in deal, 30 percent, partial deal, not the pull deal, $40 percent. done deal, $1.2 trillion. and big deal, the so-called $3 trillion plus, 5 percent. after hearing our two congressman, mr. zandi, what do you think will happen? >>guest: well, to my ear it sounds like it is a "no," deal. hopefully my economic protests are better than what they decided early in the week but it sounds like this deal. >>chris: before we get to the impact in the markets, you heard two, republicans saying doing this through spending cuts especially with entitlement reform and democrats say they want to see size ability tax increases on the wealthy, from the economic point of view, which is the better way? >>guest: both. we came to terms around the debt crisis debate in august we need $4 trillion in ten year deficit reduction and the most logical approach is $3 trillion of the $4 trillion should be government spending cuts. and $1 trillion should

whipping up votes -- whipping up votes for the democrats doesn't know any more than we do about the super committee. committee. >> he may not know in every precise, excruciating detail, but i have to believe that nancy pelosi, harry reid, mitch mcconnell have a greater sense of where the super committee is heading that he conveyed on live television. >> our readers are see headlines suggesting the super committee is at a stalemate. is this part of the legislation -- the legislature's expectations? >> i have laughed at headlines coming out of the super committee on different days say they are still made it or they are in agreement -- that are at a stalemate or they are in agreement. agreement. no one knows the state of play of those negotiations. >> the super committee can be making progress and still be stalemated. anyone who has covered a budget deal in washington knows is not a deal until everything is agreed to. and underlying deal that gets you to 80% is not set in stone until you get the other 20%. we are in an ambiguous world right now. from the outside, it means nothing to us. >> the letter

tonight, efforts to prevent the super committee fail safe. investigators say this man was plotting a terror attack in new york city. >> the suspect was a so-called lone wolf. pimentel talked about killing u.s. servicemen returning from iraq and afghanistan. >> shepard: tonight, how cops say they diffused the danger. [explosion] >> shepard: and stopped the plot. plus, should retail staffers have to work on thanksgiving? >> people expect thanksgiving day off. >> the employees should be gung ho and say absolutely we are there. >> shepard: tonight, the black friday worker rebellion. but, first from fox this monday night, our government is dysfunctional. our debt crisis is growing. our congress cannot or will not solve it. the super committee charged with reducing america's deficit has failed miserably. and a tonight there is an effort underway to call off the fail-safe mechanism that was supposedly designed to ensure the lawmakers got anything done. the super committee announced its failure in a written statement. it reads, in part: after months

the so-called super committee, son super.o find a way to save a trillion dollars and the man behind the republican no tax pledge is taking a lot of teeth. i'll peak about that next hour. without a deficit deal across the board, cuts will kick in, the pentagon warning that could turn the u.s. military into a so-called paper tiger. we will get a reality check in the. >>> on the eve of cnn's gop national debate. hezbollah captured cia spies. . >>> i'm wolf blitzer. reporting from constitution hall here in washington, d.c., we are counting down to tomorrow night's republican presidential debate. i will be moderating here right at cnn, on cnn, 8 p.m. eastern. focus, national security. while final preparations are made here for candidates, our new poll is out showing, get this, newt gingrich is now the republican front-runner. 24% of americans make gingrich their first choice followed by romney. cain has 71%, perry at 11%. the rest of the candidates are a in single digits. more on these polls coming up. let's go right now to the bi

the super committee's a disgrace. let me repeat that. the super committee is a disgrace.o pay for their negligen negligence. their failure costs all of us and continues to spiral out of control. they did nothing. they knew the consequences of their actions, they chose to do nothing. they were charged with agreeing on $1.2 trillion in cuts to the national debt spread out over ten years. congress borrowed $1.3 trillion. this year alone. doesn't seem too much to ask. actions are supposed to have consequences and most of the time, they do, unless you're a member of congress. the super committee is just a latest group of politicians who lied to us about reducing government spending. simpson bowles commission put forth a program for cut iting t debt. it was discarded like trash. like wise the gang of six. even before the super committee failed, one poll showed congress's approval rating at a low of just 9%. it was the first time congress registered in the single digits in this poll since the question was first asked if the '70s. the same survey shows americans have less trust i

when we come back, super- committee showdowns! >>> issue two, super committee showdown! >> the clock is running out, but it hasn't run out yet. we still have time, but we have no time to waste. >> pennsylvania republican senator pat toomey is a member of the debt reduction super committee. the super committee was created by congress in august with one task -- cut the u.s. national debt now at $15 trillion over the next 10 years by at least $1.2 trillion. 12 members sit on the murray. house democrats becerra, kleberg, van hollen. a circle. majority of this 12-member super committee, seven out of 12, must vote yes on the super- committee bill by november 23rd, this coming wednesday! so it can reach the full congress for a final vote. but even if congress fails to pass the bill, get this, it makes no difference because an automatic trigger will will go effect. that means if congress votes no, the national debt will still be reduced to automatic cuts worth $1.2 trillion. half of those cuts would come from defense, half from domestic programs, including medicare. many believi

because it will mean no deficit reduction at all. >> a lot of blame about why the super committee failed. you mentioned grover norquist who will be my guest in just a moment. senator john kerry said in effect he was the 13th member of the committee. that his taxpayer protection pledge is a stranglehold on republicans and they don't dare defy him. is it a little easy to blame an anti-tax advocate in the failure of congress to do what it said it would do? >> well, he does have a great deal of clout, and one of the members of the super committee, democrat, said to me that when they started talking about revenues, the republican members all said, we'll never pass anything with any revenues in either the house or senate, because of the pledge. but let me take a step back here. because i think it's important to outline this. the one good consensus we have on both democratic and republican sides, is that we have to reduce the deficit. we're sort of like a blindfolded man walking towards a cliff. and if we keep walking we're going to fall off and die. some may argue the cliff is 50 yards away. s

it was supposed to be this super committee. they were given an amazing amount of power to bypass all the procedural hurdles that slow down legislation up here on capitol hill all the time. no filibusters, no amendments and even this committee could not pull it off. i begs the question, will they be able to pull it off at all. >> a stacked deck, as kate notes. they could not pull it off on capitol hill. >>> if this failure maximum you mad, don't just blame washington. the divide in this town reflects the divide in the country. on the tax question, two-thirds of americans do support raising taxes on the wealthy as part of a deficit deal. but look more closely. 88% of democrats are for that and floorly 70% of independents but only 4 in 10 that you wills back higher taxes. and with washington so dysfunctional, what now? my colleague erin burnett is here. she knows the risks of doing nothing. as does a man who once kruged the country's number. the markets were down today on the expectations this would fate. if you're a ceo looking fo

>> the super committee on capitol hill, is grinding to a halt. >> i don't think the gang of-- the super commit segoing to succeed. >> super committee victim to partisan bickering, and the desire for nobody to drink their tough medicine. >> stephen: and if nobody drinks their tough medicine by law it must instead be delivered rectally. you see, a failure by the super committee triggers automatic deep cuts to military spending. senate republicans say they will try to untrig they're trigger. but obama promises a veto to retrigger the untriggerred trigger ( laughter ) to avoid these cuts in defense, someone has to sacrifice, and we all know who that someone should be. and they are the subject of tonight's word. ( cheers and applause ) the 1%. folks. everybody's talking about it. there is a tiny minority of americans who could be doing a lot more for our nation, a minority who live a lifestyle the 99% could not imagine. you know who i'm talking about. ( laughter ) i'm talking about military veterans. ( laughter ) you see, only one% of americans served in iraq or afghanistan. now, thankfully,

no other member of the super committee has four on the books. are you concerned that you've had too many? have you dialed any of them back? do you have a way that you're vetting these so that there doesn't have any appearance of conflicts with the issues that you're dealing with in the super committee? >> well, you know, chuck, one of the big debates we have in government, especially when it comes to service, is the debate of volume versus value. now, i don't know why people are interested in 10 or 12 people meeting for breakfast, and i do that pretty often. and they seem to think that because i do that 10 or 12 times, it is more ominous than someone having one fund-raiser and making twice the amount of money at that one fund-raiser than i make at 12. and if you look at the checks or if you get on the telephone, my stuff is done transparently. people look at it, i post it, i make it public, and i think that's much better than having secret telephone conversations. and you will see that members of the committee are out-raising me 2-1, and that is

his anti-tax pledge played a key role in the super committee showdown. welcome. senator schumer, i want to begin with you. i hope you had a good holiday. welcome back to "meet the press." >> i did. >> let's talk about the fallout and what comes next from the super committee failing to get a deal. one big question before the end of the year is the payroll tax holiday. the president would like to see it extended. what's going to happen in the senate? >> well, the first thing we're going to do when we get back this week is put the payroll tax holiday on the floor of the senate. it would give middle-class families about $1,000 extra in their pockets. the average family would get that. it would boost the economy. and we paid for it with a small surtax on incomes over $1 million. it's essential that we do this. we're going to keep at it and at it and at it because it's so important for the economy. >> why do you think the republicans will go along with that in the senate? do you have the votes? >> well, it's hard to believe the republicans would oppose this for two rea

up next, the odds on the super committee and the daily coupon business. you will hear it from ♪ ♪ ♪ ♪ [ multiple sounds making melodic tune ] ♪ ♪ [ male announcer ] at northrop grumman, every innovation every solution comes together for a single purpose -- to make the wod a safer place. that's the value of performance. nonorthrop grumman. o0 c1 >> we are looking for signs from capitol hill to see which parts of the federal budget get clipped and by how much. all eyes are on the daily deals sector, watching e price off groupon's stock. wewe wl discuss those topics and more withur guests of a roundtable. bill flook foror the "washington business journal." and j josh boak with "politico." you just interviewed d this ceo of livingsocial. what is in the works for them? >> he makes an analogy to amazon when h he looks at the future of ththe company. day the deals has been what lilivingsocial has done since 2009. they do what is very similar to what g groupon does. he is thinking one day we want to diversify. we do not want to be reliantt on a sisingle product.

i mean, because the super committee had super powers.they had proposed something, it would have gone to congress and they would not have allowed any amendments, it would have been a straight up-or-down vote, and, the filibuster rule would have gone out in the senate and, it would have been a simple majority. 51 votes. this was the best opportunity, the deficit reduction, whether you favor entitlement cuts or spending, tax increases or whatever, this was the best chance serious deficit reduction will have at least, through the 2012 election, and it looks like they swung and missed. >> jamie: real quick, before we leave, you think we'll hear from president if the day passes and they don't have an agreement? >> i think the president wants to stay as far away from this as possible. he, i think, feels very burned by what happened on the debt ceiling reduction and has stayed literally a half a world away and i think will say this is a congressional committee, if they fail it is congress's fault. >> jamie: interesting, thanks, we won't miss the

there is a formal acknowledgement that that so-called super committee, not all that super. is a lot happening on the ground in egypt route now. we are going to cairo. susan wright, u.s. ambassador, just left. she has a lot on her mind, a lot of political news, important international news. the economy, it is all happening. and we will be covering it all in the situation room. we will do a lot of work ahead to the debate, big debate, tomorrow night at constitution hall in washington. brooke? >> big topic, you mentioned, super committee. do you have -- did i hear you have norquist on the show? >> yes. arguably one of the most powerful guys in washington. a lot of republicans, handful of democrats, but mostly republicans, saying no new taxes. one of the reasons the super committee deal may be off, and it looks like it is, is because the republicans didn't want to increase taxes. democrats wanted to increase taxes, especially on the wealthy and big corporations. that didn't happen and apparently they are -- i guess they're just starting all over again. we will see what happens.

the super committee is charged with a super failure. they are charged with accomplishing nothing. >>> 30,000 people taking to the streets, demanding the recall of governor scott walker. he's our guest tonight and the nypd arrests a lone terror suspect just before he built his first bomb. let's go "outfront." >>> i'm erin burnett. out front tonight we're live from washington as ee get ready for the big debate tomorrow night. there's a super failure tonight. such failure that the leaders of the super committee didn't even face the press. they issued a statement. which read in part, "despite our inability to bridge the committee's significant differences, we end this process united in our belief that the nation's fiscal crisis must be addressed." they didn't say by someone else. but they kind of did. they agreed on one thing that they who had the mandate to do a deal with a simple majority would all kick the can down the road. even though we are in a crisis. that is pretty audacious. super committee, you had the power as they say, if not y

in a clash over spending cuts and tax increases, the super committee fails to reach agreement on a plan to reduce the deficit. setting in motion a trigger for across the board spending cuts that go into effect in 2013. now, some lawmakers want to rewrite the law. but the president vows to block any efforts to change the rules after the fact. >> i will veto any effort to get rid of those automatic spending c cuts, don'tic and defense spending. there will be no easy offering on this one. >> so what now? is there any hope for compromise in the senate? and will the payroll tax cut and unemployment benefits set to expire at the end of the year be extended? we'll ask the senior senator from new york this morning, chuck schumer. plus, the other side of the debates. democrats assigned blame for the super committee failure. >> grover norquist, a lobbyist, got a whole bunch of people to sign a pledge that became more important, i think, than the pledge that we face. and uphold the constitution and defend it. i believe that that was the 13th member of this meeting, this committee. >> we will hear

so what is the point of the super committee?nk you're saying revenue neutral means no added revenue. i don't think anyone is saying that. republicans are saying we want new revenue to come from growth in the economy and growth in the economy requires that we don't increase taxes, that in some cases, like corporate side and even individual small businesses, we want to lower taxes. we want people to be hired. we want jobs to be created by people having more of the money that they're earning to plow back into the business. that means that we're going to have a fairer tax code which will bring in revenue through growth in the economy. >> senator, if the super committee does not come to any kind of agreement, there will be across-the-board cuts split evenly between domestic spending with some programs protected and defense spending. are you willing to living with that? is that all right with you? >> i don't like it. i do not like it. >> would you try to change it? >> that would be $600 billion in cuts in our military when we are in a

let's remember why the super committee was created. it was created because of the debacle out of the debt ceiling debate. the problem with this super committee is boehner and reid, they're inserting themselves, so partisan politics are played now by leadership. so i don't think they'll be able to come to a type of agreement. >> that's discouraging. doug, we made a full screen to help all of us follow along. the actual cuts that will automatically come in to play, if they don't reach a deal. walk us through. >> well, what we're going to see is 50% coming from defense and 50% coming from nondefense. and you're going to see, i think, about 100 odd million in medicare and about $290 million in state spending discretionary, and about $450 million in defense. this trillion dollars in cuts, according to the cbo, or thereabouts, would happen in january of 2013. that's a huge cut in defense. it's a cut in medicare. the congressional leadership will undeniably try to jigger with that in the course of the 2012 election. but that's really taking a